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According to government calculations, this year has been good for the economy, with growth expected to exceed the 3.5% that was the initial forecast. But has it been like this for business and citizens? In theory, a healthy economy translates to better investment opportunities.
The main alternatives are opening a business; buying an apartment to rent or to list it on the ARBNB and Booking platforms for tourists; depositing savings in the bank, although the interest rates are at very low levels; investing in government securities, such as treasury bills/bonds with somewhat better interest rates; investing in investment funds, which you need to know about, and investing in the cryptocurrency market, which you also need to know and understand about how they work.
If the possibility of opening a business is analyzed, what are the opportunities offered by the market?
Albanians prefer to deal more with trade and services and less with production. This is because doing business in these sectors is easier and with lower risk. In addition, you do not need a large income to open such an activity, nor deep knowledge or experience.
The data show that more than 44 thousand businesses are active in the field of trade and more than 62 thousand in the field of services. In total, more than 82% of all businesses in the country are concentrated in these two sectors alone.
But what are the risks facing businesses today?
Some problems are inherited and others created in recent years, such as the lack of manpower, the strong devaluation of the euro, to which informality is added; difficult relations with institutions; corruption and lack of funding. A2 CNN